As per the recent tweet of CNBC-TV 18, the Sources tell that the GST Council may bring tax certainty for brand owners of alcoholic beverages.
- GST Council May Bring Tax Certainty For Brand Owners Of Alcoholic Beverage
- Surplus Earned By Brand Owners After Paying To Bottling Units Should Be Treated As Profit
- Surplus Amount Not Liable To Service Tax Under IPR Or Franchise Services
Source: https://twitter.com/CNBCTV18Live/status/1238028713670803456